Trump Demands Fed Governor Cook’s Resignation in Latest Power Move

Former President Trump escalates his war on the Federal Reserve, calling for Governor Lisa Cook's immediate resignation in a blistering public statement.

The Political Pressure Cooker

Trump's latest broadside against central bank independence marks his most direct assault yet on sitting Fed leadership. The demand comes amid growing tension between political figures and monetary policymakers grappling with persistent inflation concerns.

Institutional Independence Under Fire

The unprecedented public call for resignation challenges longstanding norms of central bank autonomy. Cook, appointed during the current administration, represents the type of academic expertise Trump frequently targets as part of the 'deep state' establishment.

Market Implications and Reactions

Financial markets initially shrugged off the news—because when you've seen one norm-breaking political intervention, you've seen them all. Traders focused instead on whether this signals broader attacks on Fed policy direction ahead of potential political changes.

Another day, another attempt to politicize monetary policy—because what's a stable currency compared to a good headline?